December 19, 2019

Grayscale Sees Massive Bitcoin Inflow and It Means Institutions are Here

Institutions have long been looked upon by Bitcoin and crypto investors as a mysterious force that would help catalyze the next major bull run. Throughout 2019, however, there was much less brazen institutional involvement than was previously expected, which greatly disappointed embattled investors.In spite of this, a recent report from a digital asset management group...
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Simplex Lets Users buy and Sell Bitcoin Over Telegram

Making cryptocurrencies more useful and usable is a key challenge. Simplex has come up with a way to integrate bitcoin in Telegram, albeit not with a traditional mindset.  More specifically, this feature allows users to buy and sell bitcoin over Telegram. Simplex Makes Buying Bitcoin Easier All users need to do is interact with the...
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Bitcoin continues to dominate daily active addresses, transfer amount metrics

2019 has been a wild ride for the cryptocurrency industry. After going below $6.5k, Bitcoin underwent an aggressive rally on 18 December and surged over $7k, with the king coin continuing to exhibit high volatility. According to a recent report by LongHash, the intra-month volatility of cryptocurrencies and crude oil was found to be much...
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Crypto Experts Give Their Top Predictions for 2020

In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has in store. Here’s what thought leaders, professionals,...
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US Banking System Suffers Outage: Crypto Fans Cheer

The U.S. Automated Clearing House system experienced an outage on Dec. 18 between 3 P.M. and 7 A.M. of the next day. Since the system handles the majority of domestic bank transfers, some in the crypto community were quick to point out that Bitcoin does not suffer outages. The U.S. Federal Reserve operates the FedACH...
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Why Bitcoin’s 2020 Halving Will Catalyze “FOMO” and “Large Bull Run”

In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12.5 to 6.25, effectively meaning that BTC’s inflation rate will be cut in half in layman’s terms.Related Reading: Don’t Withdraw Bitcoin...
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The Bitcoin Magazine Holiday Shopping List, for the Bitcoiner in Your Life

It’s December, and y’all know what that means. It’s a time for reflection, family and holiday cheer. A season of giving and forgiving, of stuffing yourself with holiday treats and comfort food, of uncomfortable conversations with your family members over celebratory dinners. Maybe that uncomfortable conversation comes in the form of a political squabble, or...
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Ethereum’s Fundamental Strength Takes a Hit as PlusToken Scammers Continue Dumping

Yesterday was an overwhelmingly bullish day for the cryptocurrency markets, with Bitcoin posting a large surge from its lows of $6,400 that led Ethereum (ETH) and most other major altcoins to climb as much as 10%.This upwards momentum was somewhat fleeting however, and Ethereum’s retrace from its recent rally may stem from the ongoing sale...
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Bitcoin’s decreasing miner fees less worrying than miner capitulation

Bitcoin‘s falling price is currently manifesting into a domino effect for all its fundamental statistics. After its mid-year bull surge, Bitcoin’s valuation has acclimatized itself to the lower ranges of the charts over the past two months. After peaking on 26 June, Bitcoin remained above $10,000 for a major part of the following 88 days...
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Poloniex announces 65% interest rate on USDC after Digibyte delisting

Noted cryptocurrency exchange, Poloniex, in a recent statement, has announced that it will be offering a 65% Annual Percentage Rate (APR) on USDC deposits and 8.5% on USDT (Tether) for lenders located in the European Union. EU customers: Got $USDC or $USDT? Get interest ? Starting now, USDC & USDT lending is open for EU...
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TravelByBit Falls Victim to a Bitcoin Double-Spend Attack Method

A little bit of drama involving cryptocurrencies can generate a cascading effect. In Australia, a viral video demonstrating a TravelByBit double-spend attack has many retailers worried. The viral video shows only how this particular payment processor is affected. A Troublesome Development for TravelByBit TravelByBit supports both Bitcoin and Bitcoin cash at this time. However, it...
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Bitcoin Price Reaches Fair Market Valuation, While Costs of Production Rise

Bitcoin price may be dropping deeper into a downtrend over the course of the last few months, but the first-ever cryptocurrency is actually much closer now to fair market value than it has been throughout the year.The post appeared first on NewsBTC
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Helping You Manage, Grow, and Stay Informed About Your Crypto Holdings

By Scott Shapiro, Group Product Manager Introducing: Refreshed Home screen — your front page of the cryptoeconomy Updated Portfolio tab — delivers more personalized insights about your investment performance Expanded market insights — dynamic updates based on overall market and individual crypto price movements New Coinbase app Home on iOS Millions of people turn to...
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The EU’s Updated AML Regulations Forced Bottle Pay to Shut Down. Who’s Next?

With $2 million in funding behind it and a growing user base, Lightning Network wallet and tipping service Bottle Pay was becoming one of the hottest new Lightning service providers of 2019. Then, after less than a year of operation, it shut down. Just as it was hitting its stride, it was struck by new...
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Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations

Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over $700,000 at current prices. Also read: Russian Tax Authority Registers Crypto as Part...
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Ethereum’s price may have registered a long-term bottom

Things are not looking Merry for Ethereum over this Christmas period. After initially being one of the standout performers of 2019, ETH’s valuation suffered owing to major slumps over the past two months. However, despite losing all its positive yield in 2019, Ethereum’s current price may be highlighting a long-term trend reversal for the world’s...
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Craig Wright v Kleiman Update: The Plot Has Well and Truly Thickened

The ongoing legal dispute between the self-proclaimed creator of crypto, Craig Wright, and the estate of his former business partner, Dave Kleiman, is far from over. The latest filing is sure to confuse, enthuse and amuse you in equal measure, as it lays out a memorandum of joint discovery before the case heads back to court. Thought...
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Bringing DeFi to the World

DeFi, or decentralized finance, is an essential part of an open financial system. DeFi tools are censorship-resistant, unbiased, and available to anyone with a smartphone. That’s why for this winter’s hackathon, we focused on bringing DeFi to the world. Hackathons are a critical part of Coinbase’s culture. They’re a great opportunity for anyone to pursue...
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DAOBet iGaming Solution Mainnet is Now Live

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 19th December 2019 – DAOBet (ex DAO.Casino) is a blockchain for the iGaming 3.0 industry, with the mainnet...
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Bitmain may be affected if Bitcoin’s price falls post-halving

Crypto-mining equipment manufacturing firm, Bitmain, has been all over the news following the controversial change in its management. It made headlines after Co-founder Jihan Wu took over as CEO, with Micree Zhan ousted from the company. Bobby Ong, Co-founder of CoinGecko, spoke about the same and the Bitcoin halving after he appeared in a recent...
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Don’t Withdraw Bitcoin From Binance to Privacy Wallets, User Warns

Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility. The post appeared first on NewsBTC
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Why This Developer of the Controversial HEX Cryptocurrency – Accused of Scam – Left

The cryptocurrency market is has a wild west atmosphere, rife with hackers, cybercriminals, and scammers galore.The post appeared first on NewsBTC
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How Cryptocurrencies are Shaping up Other Industries

The popularity of cryptocurrencies like Bitcoin peaked most especially in 2017 when a Bitcoin was valued at around 20,000 US dollars each. This made many people and industries shift their attention to the use of cryptocurrencies. Although this only happened in 2017, Bitcoin and many other cryptocurrencies have been around for a few years now....
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Libra Dev releases second roadmap; focuses on key protocol priorities

Libra Dev just released the second roadmap for Libra Core, the software that powers the Libra network. As part of Libra’s roadmap, the developers of the upcoming stablecoin rollout will focus on three main things. Firstly, the Libra developers will be working towards delivering mainnet features in priority order. Secondly, they will focus on defining...
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Why Bitcoin Outperformed Gold by a Staggering 50% in 2019

2019 has been quite the year for assets across the board — from Bitcoin and equities to gold and real estate, a majority of investments have made gains since January 1st.Related Reading: Here’s How Bitcoin Price Could Hit $20,000 By as Early as March: AnalystAn interesting trend to watch this year has been gold’s strong...
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EOS Price Analysis: EOS Holds Support At $2.42 But Can The Bulls Push Any Higher?

EOS saw a slight increase of 5.25% over the past 24, and it now trades at $2.42. The cryptocurrency is trading sideways against BTC within a 6-month old symmetrical triangle. EOS has been climbing the rankings as it reaches the 7th position with a $2.28 billion market cap. Key Support & Resistance Levels EOS/USD Support:...
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Bitcoin’s Surge Above $7,000 Shows Market May Be Recovering

Bitcoin stabilized above the $7,000 support level on Thursday, as the number one cryptocurrency continues to hold onto Wednesday trading  gains. Altcoins moved into positive territory, with Maker, Waves, Ravencoin and Theta leading the advance. The Crypto Fear & Greed index, which analyzes market participants’ emotions and sentiment, recovered from a 3-month low, but continues...
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Litecoin’s Charlie Lee: Stellar’s burn pushes it closer to security territory

Back in October, several prominent exchanges of the cryptocurrency industry like Coinbase, Kraken, Bittrex, and Poloniex collaborated with Genesis Trading, Grayscale, DRW trading, and Anchorage to form the Crypto Rating Council. The venture was set up to rate cryptocurrencies and suggested that XRP uses “securities-like language,” while Bitcoin and Litecoin don’t. Months after being rolled...
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Bitcoin Solves This: Hong Kong Police Freeze $9M of Protesters’ Funds

Lacking any central authority for either issuance or custody, Bitcoin has often been described as resistant to confiscation. Recent news out of Hong Kong highlights the importance of such qualities, particularly in an increasingly divided world.Authorities in the Chinese Special Administrative Region have frozen almost US$9 million of donations received by protesters in Hong Kong....
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Tron Price Analysis: TRX Struggling Heavily, Will It Reach The Lows Of December 2018?

Tron saw a sharp 25% price fall over the past month, causing it to drop into the $0.0129 level. The cryptocurrency is struggling against BTC after falling beneath a rising trend line in early December. Tron could rebound higher from here as the Stochastic RSI lines up for a bullish crossover signal. Key Support &...
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Bitcoin (BTC) $ 97,959.25 4.54%
Ethereum (ETH) $ 3,145.16 1.14%
Tether (USDT) $ 1.00 0.20%
Solana (SOL) $ 241.19 1.32%
BNB (BNB) $ 609.14 0.90%
XRP (XRP) $ 1.11 1.57%
Dogecoin (DOGE) $ 0.382562 2.04%
USDC (USDC) $ 0.999889 0.14%
Lido Staked Ether (STETH) $ 3,147.87 1.35%
Cardano (ADA) $ 0.787312 5.07%